Nickel Extends Biggest Weekly Drop Since 2011 as China Manufacturing Expansion Slows

Bloomberg reported that nickel dropped in London after figures showed that China’s manufacturing expansion was at its slowest in four months.

As quoted in the market news:

Nickel for delivery in three months slid 0.8 percent to $16,832 a metric ton by 10 a.m. on the London Metal Exchange.

Click here to read the full Bloomberg report.